NAICS Code 213112-09 - Oil Well Services
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NAICS Code 213112-09 Description (8-Digit)
Hierarchy Navigation for NAICS Code 213112-09
Parent Code (less specific)
Tools
Tools commonly used in the Oil Well Services industry for day-to-day tasks and operations.
- Drilling rigs
- Mud pumps
- Drill bits
- Casing
- Cementing equipment
- Wellhead equipment
- Coiled tubing units
- Fracturing equipment
- Wireline units
- Perforating guns
- Packers
- Fishing tools
- Logging tools
- Pressure control equipment
- Blowout preventers
- Well testing equipment
- Artificial lift systems
- Chemical injection systems
- Flowback tanks
Industry Examples of Oil Well Services
Common products and services typical of NAICS Code 213112-09, illustrating the main business activities and contributions to the market.
- Well drilling
- Well completion
- Well intervention
- Well maintenance
- Well stimulation
- Cementing
- Fracturing
- Coiled tubing
- Wireline services
- Logging services
- Pressure pumping
- Artificial lift
- Acidizing
- Nitrogen services
- Pipeline services
- Flowback services
- Water management
- Environmental services
Certifications, Compliance and Licenses for NAICS Code 213112-09 - Oil Well Services
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Wellcap: Well Control Accreditation Program is a certification program for personnel involved in well control operations. It is provided by the International Association of Drilling Contractors (IADC) and is required by many oil and gas companies in the US.
- API Spec Q1: This certification is for companies that manufacture products for the oil and gas industry. It ensures that the company has a quality management system in place that meets API standards.
- OSHA 30-Hour General Industry Training: This training program is designed to educate workers on recognizing and preventing workplace hazards. It is required by many oil and gas companies in the US.
- HAZWOPER: Hazardous Waste Operations and Emergency Response is a certification program for workers who are involved in cleaning up hazardous waste sites. It is required by many oil and gas companies in the US.
- DOT Hazmat Training: This training program is required for workers who handle hazardous materials in transportation. It is provided by the US Department of Transportation (DOT).
History
A concise historical narrative of NAICS Code 213112-09 covering global milestones and recent developments within the United States.
- The "Oil Well Services" industry has a long and rich history dating back to the mid-19th century when the first oil well was drilled in Pennsylvania. The industry has since then undergone significant changes and advancements, with the introduction of new technologies and techniques such as hydraulic fracturing, horizontal drilling, and directional drilling. These advancements have enabled the industry to extract oil and gas from previously inaccessible reserves, leading to a significant increase in production. In recent history, the industry has faced challenges due to the fluctuation of oil prices, which have affected the demand for oil well services. However, the industry has continued to innovate and adapt to these challenges, with a focus on improving efficiency and reducing costs. In the United States, the "Oil Well Services" industry has a more recent history, with significant growth occurring in the early 2000s due to the shale revolution. The industry has since then faced challenges due to the decline in oil prices, which led to a decrease in demand for oil well services. However, the industry has continued to grow due to the increasing demand for natural gas and the development of new technologies. The industry has also faced increased scrutiny due to concerns over environmental impacts, leading to the development of new regulations and standards. Overall, the "Oil Well Services" industry has a rich history of innovation and adaptation, with a focus on improving efficiency and reducing costs.
Future Outlook for Oil Well Services
The anticipated future trajectory of the NAICS 213112-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Oil Well Services industry in the USA is positive due to the increasing demand for oil and gas. The industry is expected to grow due to the rising demand for energy and the increasing number of oil and gas exploration activities. The industry is also expected to benefit from the development of new technologies that will help to improve the efficiency of oil and gas extraction. However, the industry may face challenges due to the increasing competition and the volatility of oil prices. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 213112-09
Recent groundbreaking advancements and milestones in the Oil Well Services industry, reflecting notable innovations that have reshaped its landscape.
- Advanced Drilling Technologies: The Oil Well Services industry has seen significant advancements in drilling technologies, such as horizontal drilling and hydraulic fracturing, which have helped to increase the efficiency of oil and gas extraction.
- Digital Oilfield Technologies: The industry has also seen the development of digital oilfield technologies, which use sensors and data analytics to optimize oil and gas production and reduce costs.
- Remote Monitoring and Control Systems: The use of remote monitoring and control systems has helped to improve the safety and efficiency of oil and gas operations by allowing workers to monitor and control operations from a safe distance.
- Improved Well Completion Techniques: The industry has seen the development of new well completion techniques, such as multistage hydraulic fracturing, which have helped to increase the productivity of oil and gas wells.
- Environmental Protection Technologies: The industry has also seen the development of new technologies to protect the environment, such as water treatment and recycling systems, which help to reduce the environmental impact of oil and gas operations.
NAICS Code 213112-09 - Oil Well Services
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